Identify the Correct Statement About Abandonment

question 31

Multiple Choice

Identify the correct statement about abandonment.

• A) When a tenant abandons the leased property, the landlord has a duty to accept the offer.
• B) The landlord cannot sue the tenant for the rent due for the remainder of the term.
• C) If a tenant abandons the leased property, he is making an offer to surrender the leasehold.
• D) A tenant can abandon a property only after the termination of a lease.

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Definitions:

Retailers

Businesses or individuals that sell goods directly to consumers for personal or household use.

Walmart

An American multinational retail corporation operating a chain of hypermarkets, discount department stores, and grocery stores.

Amazon

A multinational technology company primarily known for its e-commerce platform, along with its ventures in cloud computing, digital streaming, and artificial intelligence.

Subway Restaurants

A multinational fast-food chain known for its submarine sandwiches and salads, operating a large number of outlets globally.